History
The airline was started in 2002 as a Cyprus Airways subsidiary and the first flight was operated on 24 June 2003 from Athens. At the end of the first year of operation, they had completed 3,855 flights and carried over 250,000 passengers. Due to heavy losses, Hellas Jet suspended all scheduled flights from 10 May 2005. In January 2006, the airline announced it would refocus on charter operations. In August 2006, Cyprus Airways sold its shares to Air Miles, the trading name of Trans World Aviation. The aim is to resume services later in 2007 using wet leased Airbus A320 aircraft. It was wholly owned by Air Miles and had 50 employees (at March 2009).
Hellas Jet was an IATA Member.
Read more about this topic: Hellas Jet
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